The idea for this started here: www.tradingview.com with the user @dime This should only be used on SPX or SPY (though you could use it on other things for correlation I suppose) given that the instrument used to create this calculation is derived from the S&P 500 (thank you VIX). There's a lot of moving parts here though, so allow me to explain... First: The...
Works best as an intraday indicator Background black & line green = Long VIX Background black & red line = No trade Background orange & line green = Consider selling Background orange & line red = Short VIX
I updated this version used for Forex with Stock&Index related instruments. Enjoy.
Shows the trend direction for the S&P500 Показывает направление тренда для S&P500
Indicator utilizing a flexible renko (and other indicators assembled in a proprietary way) to "soften" the turbulence. A down-turn in renko combined with a red color signals a sell. An up-turn in renko combined with an aqua color signals a buy. Manually backtested: SPY, JNK, from May 2015 to present: 40%, 24% respectively. Can be used for day-trading or position...
this script marks off the extended hours trading for NY session. Shades the off hours and overnight data. Highlights the regular trading session for NY session. It can be adjusted for any particular market. I use it specifically to show the missing data on the SPY as compared with the continuous data on the SPX500.
These Bollinger bands feature Fibonacci retracements to very clearly show areas of support and resistance. The basis is calculate off of the Volume Weighted Moving Average. The Bands are 3 standard deviations away from the mean. 99.73% of observations should be in this range.
Use only on Daily charts!! When average AH moves are consistent with average daytime moves it tends to indicate a trend. The phenomenon is not obvious on a day to day basis but is easy to see with the smoothed changes. Blue is smoothed daytime change and black is smoothed AH gap. The length is how many periods back to start the differentiation between AH and...
Modified version of ATR Pips The indicator's value is a third of the daily range which is good to use as a stop loss value for intra day scalping on markets such as index futures and forex. It's good for detecting and confirming inflection points in the market.
The Sharpe ratio allows you to see whether or not an investment has historically provided a return appropriate to its risk level. A Sharpe ratio above one is acceptable, above 2 is good, and above 3 is excellent. A Sharpe ratio less than one would indicate that an investment has not returned a high enough return to justify the risk of holding it. Interesting in...
Error with math fixed in this one. Please use this one. This is great for credit spreads! Lets say you wanted to know if you had sold a 15% OTM Bull Put vertical 2 months out, how often would you win? This Turns green if you would have been correct with your credit spread had it expired on that date, or red if you would've been wrong. Great for Back testing!...